AAL 2021-01-23
AAL has broken out of its 1.5-month bull flag consolidation, backtested, and is currently sitting on top of the 20 EMA .
In Elliott waves , it is in a 1-2-1-2-1-2.
Technically this is as bullish as it gets.
Fundamental risks
1. Vaccine rollout has been slower than planned
2. Earnings is on the 27th.
Conservative PT is the bull flag equal legs target of 23.
SL under 14.66
In Elliott waves , it is in a 1-2-1-2-1-2.
Technically this is as bullish as it gets.
Fundamental risks
1. Vaccine rollout has been slower than planned
2. Earnings is on the 27th.
Conservative PT is the bull flag equal legs target of 23.
SL under 14.66
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